Is the company’s share a good choice for long-term investment? Is it the right time to buy the company’s share? Can profit be made from this stock in a short time?
Friends, if you are also searching for answers to all these questions on Google, then you are in the right place. Today in this article we will discuss in detail about the future of Greenpanel Industries Limited shares, we will find out the estimated Greenpanel share price target for year 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
To predict Greenpanel stock, we will use our internal research as well as the company’s technical analysis, business figures, financial results and future projects.
We will analyze the performance of the company’s shares from recent times to the last few years ,this will provide well researched article of Greenpanel share price target for 2023, 2025, 2030 to 2050.
Table of Contents
Greenpanel Industries Limited Overview
Greenpanel Industries Limited is a leading wood panel manufacturer in India, renowned for its high-quality Medium Density Fibreboard (MDF), plywood, veneers, flooring, and doors. Established in 1994, the company has grown to become India’s largest MDF manufacturer, with state-of-the-art manufacturing facilities in Uttarakhand and Andhra Pradesh.
The company is India’s largest manufacturer of Medium Density Fiber Board (MDF) and has 30% market share in India in this segment. Greenpanel Industry Ltd is the third largest company in Asia and fifth largest company in the world in this segment.
How Greenpanel Industries Generates Revenue?
The company’s primary focus lies in the production of plywood, plain and pre-laminated medium density fiberboards (MDF) boards, and associated products. Additionally, it offers a range of doors and veneers to cater to both domestic and international markets. The product categories of the company encompass club grade, medium density fiberboard, flooring, plywood and blockboard, veneers, and doors.
Revenue per Business Specification
| Specifications (in INR Million) | 2022 | Weightage | 2023 | Weightage | Changes |
|---|---|---|---|---|---|
| Medium Density Fibre Boards and Allied Products | 13,688 | 84.2 % | 15,346 | 86.3 % | +12.11% |
| Plywood and Allied Products | 2,562 | 15.8 % | 2,440 | 13.7 % | -4.79% |
Shareholding of Greenpanel Industries Limited
As of September 2023, Shareholding of Greenpanel Industries are as –
- Promotors – 53.13%.
- Mutual Fund- 22.36%.
- Retail & Others- 20.11%.
- Foreign Institution- 4.41%.
Greenpanel Industries Share
Greenpanel Industries is listed on the National Stock Exchange and the Bombay Stock Exchange and has a large number of shareholders. Promotors holds the majority stake in the company. As on 13 Nov 2023, Greenpanel Industries Ltd Share value was Rs.327.80/-
Greenpanel Share 52 week high at Rs. 399.90/- & 52 week low Rs. 255/-.
| Company Name | Greenpanel Industries Limited |
| Share Name | GREENPANEL | 542857 |
| Sector | MDF & Plywood |
| Headquarter | Gurgaon |
| Foundation | 1994 |
| Key Person | Mr. Shobhan Mittal (MD & CEO) |
| Market Cap | Rs.4,013.59 Crore |
| Revenue | Rs.1,801.05 Crore |
| Official Website | Click Here |
Greenpanel Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 350 | 410 |
| 2024 | 420 | 460 |
| 2025 | 475 | 540 |
| 2026 | 555 | 625 |
| 2027 | 630 | 690 |
| 2028 | 695 | 770 |
| 2029 | 775 | 870 |
| 2030 | 880 | 950 |
| 2040 | 1950 | 2060 |
| 2050 | 3240 | 3350 |
Note:- “That these share price targets for “Greenpanel Industries Limited Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Greenpanel Industries Ltd
Annual Results Summary 2022-23 of Greenpanel Industries –
- Revenue for the financial year 2022-23 increased by 18.3% to Rs 3,042.65 crore from Rs 2,575.38 crore in the previous year.
- Profit before tax (PBT) grew by 35.5% to Rs 352.44 crore from Rs 259.91 crore in the previous year.
- Net profit for the year stood at Rs 268.96 crore, an increase of 39.6% from Rs 192.29 crore in the previous year.
- Greenpanel Industries’ MDF production capacity increased to 6.66 lakh cubic meters per annum (LCMA) from 5.52 LCMA in the previous year.
Last 5 Year History of Greenpanel Share
In Last 5 year Greenpanel Industies Limited Share give 795% returns to its Investors.
| Year | Share Price |
| Nov 2019 | 40 |
| Nov 2020 | 82.15 |
| Nov 2021 | 367 |
| Nov 2022 | 356 |
| Nov 2023 | 322 |
Greenpanel Share Price Target 2023
Greenpanel has INR 1782 Crores in net sales and EBITDA is 24.79 in March 2023. The book value per share for Greenpanel was INR 104.31, and the company’s adjusted EPS was INR 13.12. The firm had a net debt-to-equity ratio of 0.16 and an ROE of 21.02%, Both debt-to-equity & ROE ratio of Company is very good. By considering this ratio, As per our Analysis Greenpanel First Target for 2023 is Rs.350 & Second Target is Rs.410.
Greenpanel share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹350 | ₹410 |
Greenpanel Share Price Target 2024
The company’s stock is a multibagger stock but it has given very good returns in the last few years, due to market fluctuations, the company’s stock has seen a decline of up to 45% in the last one year, stock market experts and analysts have predicted this decline. I am advising to buy the company’s stock. He says that very soon a good bounce back can be seen in the company’s stock. Stock market analysts are advising to buy the company’s stock in this fall. We forecast that by 2024, the share price of Greenpanel will have risen to between INR 420 and INR 460.
Greenpanel share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹420 | ₹460 |
Greenpanel Share Price Target 2025
Greenpanel holds the distinction of being India’s largest producer of MDF, with an annual production capacity exceeding 6,66,000 cubic meters. Greenpanel Industries’ MDF production capacity increased to 6.66 lakh cubic meters per annum (LCMA) from 5.52 LCMA in the previous year.
The company plans to further expand its MDF production capacity to 9.16 LCMA by the end of the financial year 2024-25. As per our Analysis Greenpanel First Target for 2025 is Rs.475 & Second Target is Rs.540.
Greenpanel share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹475 | ₹540 |
Greenpanel Share Price Target 2026
Greenpanel has established itself as a trusted brand in the Indian wood panel industry, recognized for its consistent quality, innovation, and commitment to sustainability.With an extensive network of over 3,000 outlets across India, Greenpanel ensures convenient access to its products for consumers and businesses. You may see the initial target of Rs.555 with extraordinarily good returns if you look at Greenpanel’s share price objective through 2026.
Greenpanel share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹555 | ₹625 |
Greenpanel Share Price Target 2027
Greenpanel Industries expects to maintain its growth momentum in the coming years, driven by strong demand for its products from the construction and furniture industries. Viewing previous years growth of Greenpanel Industries Limited Share, We forecast that for year 2027 Greenpanel first target is Rs.630 and Second target may be Rs.690.
Greenpanel share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹630 | ₹690 |
Greenpanel Share Price Target 2028
On Positive side, we anticipated that for year 2028 Greenpanel first target is Rs.695 and Second target may be Rs.770.
Greenpanel share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹695 | ₹770 |
Greenpanel Share Price Target 2029
As per our Analysis Greenpanel Share First Target for 2029 is Rs.775 & Second Target is Rs.870.
Greenpanel share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹775 | ₹870 |
Greenpanel Share Price Target 2030
Greenpanel Industries’ growth projections are supported by the strong growth prospects of the Indian construction and furniture industries. Greenpanel Share First Target for 2030 is Rs.880 & Second Target is Rs.950.
Greenpanel share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹880 | ₹950 |
FAQs
Target Price of Greenpanel for year 2023 is Rs.410.
By Looking indicators of ROCE which is 21.87 for three year,Cash Flow CFO/PAT of Company is 1.73 & D/E ratio is 0.16, Greenpanel Share will be bounce back after short fall, Our Analyst Suggest future of Greenpanel Share is bright.
We anticipated that for year 2025 Greenpanel first target is Rs.475 and Second target may be Rs.540.
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